Prosecutors Proving That Raj Rajaratnam Insider-Traded All Over Again

Prosecutors played jurors a series of wiretapped phone conversations between Raj Rajaratnam and Goel, who testified that he spoke frequently with the Galleon founder about a $1 billion investment Intel planned to make in 2008 in technology company Clearwire Corp.

“The whole investment was confidential,” Goel said….

On cross-examination, Goel said he had never met Rengan Rajaratnam until a vacation in Italy arranged with Raj Rajaratnam following the deal.

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